Sanibel Captiva Trust Company Inc. Raises Holdings in Honeywell International Inc. (NASDAQ:HON)

Sanibel Captiva Trust Company Inc. raised its position in Honeywell International Inc. (NASDAQ:HON) by 1.9% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 127,584 shares of the conglomerate’s stock after purchasing an additional 2,400 shares during the period. Honeywell International accounts for approximately 0.9% of Sanibel Captiva Trust Company Inc.’s portfolio, making the stock its 26th biggest holding. Sanibel Captiva Trust Company Inc.’s holdings in Honeywell International were worth $28,820,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. State Street Corp lifted its position in Honeywell International by 0.3% during the third quarter. State Street Corp now owns 31,026,897 shares of the conglomerate’s stock worth $6,413,570,000 after buying an additional 92,112 shares in the last quarter. Wellington Management Group LLP increased its stake in shares of Honeywell International by 8.4% in the 3rd quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock worth $3,684,957,000 after acquiring an additional 1,376,479 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Honeywell International by 4.0% during the 3rd quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock worth $2,959,535,000 after acquiring an additional 547,998 shares during the period. Ameriprise Financial Inc. boosted its position in shares of Honeywell International by 3.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,365,840 shares of the conglomerate’s stock valued at $1,786,449,000 after acquiring an additional 310,807 shares during the last quarter. Finally, Legal & General Group Plc grew its holdings in shares of Honeywell International by 0.9% in the second quarter. Legal & General Group Plc now owns 4,910,551 shares of the conglomerate’s stock valued at $1,048,600,000 after purchasing an additional 42,305 shares during the period. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Down 0.0 %

Honeywell International stock opened at $222.58 on Friday. The firm has a market capitalization of $144.73 billion, a P/E ratio of 25.70, a P/E/G ratio of 2.40 and a beta of 1.06. The stock’s fifty day simple moving average is $227.00 and its 200-day simple moving average is $214.36. Honeywell International Inc. has a twelve month low of $189.66 and a twelve month high of $242.77. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44.

Analysts Set New Price Targets

Several equities analysts have weighed in on the stock. JPMorgan Chase & Co. decreased their target price on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a report on Wednesday. HSBC upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a research report on Wednesday, December 11th. Robert W. Baird downgraded Honeywell International from an “outperform” rating to a “neutral” rating and reduced their target price for the company from $223.00 to $217.00 in a research report on Friday, October 25th. The Goldman Sachs Group increased their price target on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Finally, Hsbc Global Res raised shares of Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. Eleven analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Honeywell International currently has an average rating of “Hold” and an average target price of $248.29.

About Honeywell International

Honeywell International Inc engages in the aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses in the United States, Europe, and internationally. The company’s Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and thermal systems, as well as wireless connectivity services.